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Mudrick Capital Management, L.P.

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13F filer, CIK 1655183, NEW YORK, NY

Mudrick Capital Management, L.P. reported $160,880,673 across 3 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001655183-24-000013

Period
2024-09-30
Reported value
$161M
Holdings
3
Top 10 weight
100%
New
0
Sold out
3

Part of the filer group Mudrick Capital Management, L.P.

  • Jason Mudrick
  • Mudrick Distressed Opportunity 2020 Dislocation Fund GP, LLC
  • Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P.
  • Mudrick Distressed Opportunity Drawdown Fund II GP, LLC
  • Mudrick Distressed Opportunity Drawdown Fund III GP, LLC
  • Mudrick Distressed Opportunity Drawdown Fund III, L.P.
  • Mudrick Distressed Opportunity Drawdown Fund II, L.P.
  • Mudrick Distressed Opportunity Drawdown Fund II SC, L.P.
  • Mudrick Distressed Opportunity Fund Global, L.P.
  • Mudrick Distressed Opportunity SIF GP, LLC
  • Mudrick Distressed Opportunity SIF Master Fund, L.P.
  • Mudrick GP, LLC
How groups are built

Stakes and trades reported after 2024-09-30

13D, 13G and Form 4 filings by this filer's group, dated after the 13F period, on securities the quarter does not hold as shares.

  • VRM VROOM INC: 13D/A 3,982,846 shares, 76.1% of the class, 13D/A filed 2026-10-01, 0001104659-26-112919Timeline
    Accepted , ingested

Largest buys vs the previous quarter

None.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
GLOBALSTAR INCreduced-1,416,635-$1.76M
EVTWFreduced-3,600,000-$66.2K
GETRexited-266,156-$37.3K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001655183-24-000013, largest first. % of portfolio is the value over $160,880,673, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
GLOBALSTAR INCGLOBALSTAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,040,244 shares 31,040,244$38.5M23.92%-1,416,635
EVTWFVERTICAL AEROSPACE LTD WT PURQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 400,000 shares 400,000$7.36K<0.01%-3,600,000Timeline

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
VROOM INCVROOM INC Convertible Debtprincipal229,828,000$122M+7,200,000

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
2U INC2U INC163,703,000$89.2Mprincipal
2U INC2U INC7,500,000$2.55Mprincipal
GETRGETAROUND INC COM266,156$37.3Kshares

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001655183-24-000013 base2024-11-14acceptance time not in the bulk data set